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1.We have tendered out 3,800 projects worth Rs 1,380 billion

The Smart Cities Mission (SCM) is proving to be a gamechanger in Indian urban transformation. “This is a unique mission, working to rejuvenate the mind, body and soul of Indian cities!” affirms Kunal Kumar, Joint Secretary & Mission Director (Smart Cities Mission), Ministry of Housing and Urban Affairs, Government of India.


2.Made in India

Otis India has a factory in Bengaluru as well as an R&D centre with mechanical and electrical test labs and a 51.2-m test tower with the ability to simultaneously test up to five elevators.


3.Rs.100-bn fund Chennai firm on an airport-building mission

With the Centre’s strong push for infrastructure creation, Chennai-based Taking Off to the Future (TOFL) plans to develop private airports, both greenfield and brownfield.


4.Emami Cement gets Sebi nod for IPO

Emami Cement (ECL), the cement arm of Kolkata-based Emami Group, has got SEBI's nod for an initial public offering to raise Rs 10 bn.


5.Penna Cement gets SEBI nod for Rs.15.50 bn IPO

Hyderabad-based Penna Cement has received SEBI's approval for its Rs 15.50 bn IPO.


6.The Hyderabad-based company gets Sebi nod for Rs 15.50 billion IPO

Hyderabad-based Penna Cement has received an approval from Sebi to proceed with its Rs 15.50 billion IPO.


7.ICRA: Amended InvIT, REIT regulations to widen investor base

The amended regulations are likely to result in increased penetration of these financial instruments


8.Amended InvIT and REIT regulations to widen investor base, suggests ICRA

Recent amendments made to the regulations of infrastructure investment trusts (InvITs) and real-estate investment trusts (REITs) by the Securities and Exchange Board of India (SEBI) are likely to enable increased penetration of these financial instruments, according to a note by ICRA.


9.Amended InvIT and REIT regulations to widen investor base: ICRA

The two metro rail projects have been constructed by a Tata Projects-led JV


10.Viable funds for India’s real estate

The flexibility of realty funds extends to the nature of their offerings